Tech Sector Chat

"So, you think ENCOM is overvalued?"

Today we're looking at the technology sector. Nvidia is the at the top of that. Probably the biggest thing about Nvidia is that their sales are crazy right now, because their video cards are used in bit coin mining. Also, new phones are making the ram prices jump up as well. This has driven the prices up way above the normal market price. They can't keep them on the shelves. Nvidia is doing great, but this might mean that its overvalued, or at least we missed the boat. At least for us, not a good investment.

The worst of the best is Verizon followed by AT&T. We already have a big chunk in telecom with AT&T, so Verizon probably isn't for us either.

Also in the sector there's Facebook (hard pass) and a few others that just don't make us sing.

We went back and forth a bit and realized that most of us have much more interest in the technology sector, just as far as personal tastes goes. This may be making us more likely to want to invest in that as opposed to energy or something else. That might not be a bad thing, but it sounds like with technology, a lot of stuff has been going up, but we're not sure how hight that'll climb. However, with renewable energy that thing seems inevitable. Even though there have been setbacks with readily available fossil fuels. It is unlikely that we'll be clairvoyant enough to pick the one company that explodes. So is there instead a renewable energy ETF out there for us?

For next week, we should look at some renewable energy ETFs and see if any jump out at us.

Profit!